BTC Point and Figure - Descending Triangle is getting tight!

Descending Triangle Here's the descending triangle I've been watching for over a month. We are about 82% to the apex of the triangle, which means that when it breaks it is less likely for break out to 'fail', statistically. Lets look at the volume. Like all triangles, the volume is declining. The 20MA on daily volume hasn't been this low for over a year.

6400-6500 level is strong and good place to bulls to long with a loose trailing stop somewhere around break down of triangle. Bears should watch for break of linear trend & failure to make higher high. That would be a short at 7,200-7,429 with a tight stop.